$10k gold, credit collapse, dollar devaluation: This is the ‘course of the empire’ – Dan Oliver
The natural course of the U.S. “empire” is that of currency devaluation and an eventual credit collapse, said Dan Oliver, founder of Myrmikan Capital. “What backs the dollar? The Fed’s assets do, and if you look at the Fed’s assets,…
Is gold dead? Bitcoin price to hit levels we ‘cannot imagine’- Ronald-Peter Stoeferle
Global financial markets have reached a “monetary tipping point”, according to Ronald-Peter Stoeferle, managing partner of Incrementum AG. After this tipping point, inflation will continue to climb up, real interest rates will remain in negative or near-zero percent territory, and…
Top Stories This Week: Gold Rides Jackson Hole Waves, Ends August Strong
This video was filmed on September 2, 2021. The beginning of August was rocky for gold, but the yellow metal finished off the month fairly strong, staying steady above the US$1,800 per ounce level. Gold’s upward momentum in September comes…
What is the Fed’s real intent? This is the key takeaway from Jackson Hole – Gary Wagner
The Federal Reserve was really more dovish than hawkish, said Gary Wagner, editor of TheGoldForecast.com. Speaking to David Lin, anchor for Kitco News, Wagner said that the key takeaway from the Jackson Hole Symposium is that the Fed has not…
Fed announced taper timeline, here’s why market ‘tantrum’ didn’t hit yet – Steve Hanke
Fed Chair Jerome Powell announced on Friday at the Jackson Hole Symposium that the U.S. central bank will consider tapering by the end of the year since the economy is on track to meet full employment and hit the Fed’s…
Fed’s Powell talks dangers of a wrong monetary policy move
Federal Reserve Chair Jerome Powell sounded more cautious than other Fed officials when talking about tapering at Jackson Hole Symposium, stating that the central bank could start reducing its $120 billion in monthly bond purchases this year. “For now, I…
Gold price has bottomed; Jim Wyckoff on Jackson Hole expectations, next target level
Jim Wyckoff, senior analyst at Kitco News, discusses with David Lin, anchor for Kitco News, the price action and next price level expectations with gold, silver, and crude oil. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Jim Wyckoff on…
Stocks finally ‘confirmed’ a breakdown, now comes ‘lower lows’; Gareth Soloway on Bitcoin, gold
Gareth Soloway, chief market strategist of InTheMoneyStocks.com, discusses with David Lin, anchor for Kitco News, the stock market correction that happened this week and what a confirmed breakdown below the trendline means for future price action. Soloway also discusses #Bitcoin,…
Why Palantir and Tesla are adding gold and Bitcoin to reserves – Danielle DiMartino Booth
Palantir, the data analytics software manufacturer, has recently added $50 million of gold bars to their treasury, as disclosed in the company’s latest earnings statement. Danielle DiMartino Booth, CEO of Quill Intelligence, said that this purchase could be mirrored by…
What would it take for a return to the gold standard? Brien Lundin
It’s been 50 years since Richard Nixon decoupled gold from its price fix to the U.S. dollar, and now, monetary regimes need a return to a gold anchor more than ever in order to restore stability and credibility, said Brien…
